Latest Issues of #AxisOfEasy
Thematic next-wave portfolio constructor Motif goes bust
Motif trading platform, which claimed to use data driven methodologies to enable the creation of thematic and “next-wave” portfolios (translation: they grep 10Q’s for keywords) has rather abruptly shut down. Their own advisors heard about it via Twitter. Yes, it did come with %FIRSTNANE%, who cares I guess… pic.twitter.com/3IuwpuBJQG — Hylland Capital (@HyllandCapital) April 18, 2020 They also had developed some “next generation thematic ETFs” like “human evolution reimagined” (SPTX), which were launched by Goldman…
Between a Rock and a Hard Place: Pandemic and Growth
There is no way authorities can limit the coronavirus and restore global growth and debt expansion to December 2019 levels.Authorities around the world are between a rock and a hard place: they need policies that both limit the spread of the coron…
While the Top 10% and the Fed Cheer Stocks Rebounding, the Bottom 60% Lose their Livelihoods and Lives
If you have any doubt that the Fed and Wall Street will some day be dismantled, please re-read this “real life in America” list again.The pandemic is a stark, brutal spotlight on income/wealth inequality in America: while the top 10% who own the m…
Quick: What’s The Difference Between Fake News and Hypernormalisation?
Before the current Coronavirus pandemic, the Canadian government took delivery of the Broadband Telecom Legislative Review. The 235-page report tabled 97 recommendations, most of them bad ones. Among them were provisions for requiring all content creators to obtain a license for operating from the government and “discoverability provisions” to force major tech platforms to emphasize “credible sources of news” over others (what the government calls “Approved Media”).



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